TRADESTRONG Foundation A California Non Profit Public Benefit Corporation
Nonprofit profile at a glance
- EIN
- 920454060
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Newcastle, CA, USA
- Phone
- 9168888550
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public, Society Benefit N.E.C.
Reported finances
- Revenue
- $193,076
- Expenses
- $102,573
- Assets
- $190,985
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Brent Collins (President)
People named in this filing
- Brent Collins (President)
- Emily Collins (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To elevate the trades by spreading the word, scholarships, and support to students choosing a trade as a profession. The Foundation will promote adding more young people to the trades with funding and opportunities for students pursuing careers in the trades.
What it reported doing in 2024
The Foundation will offer scholarship programs and grant finanical assistance to high school seniors and graduates entering or enrolling in a trade program.
Operating model
- Revenue model
- Other-operating. 83% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 56% for direct work, and 44% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 93
- Accountability: 58
- Sustainability: 77
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.4%; rating input score 51
- Program expense ratio: 96.7%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 46.9%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 1.86; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 67.8% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 71.6% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 51.4% of revenue deployed · 96.7% of spending went to programs
- Governance: 2 of 2 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $99K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules · includes grants
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.